Digital lender Tala hits a milestone in Kenya, disbursing KES 300 billion in credit over 10 years.
Tala currently serves 3.5 million customers in Kenya, disbursing KES 10 billion to KES 15 billion monthly.
Tala’s global reach extends to over 9 million customers with a total of Sh750 billion disbursed across the Philippines, Mexico, and India.
Marking a new chapter, Tala Kenya focuses on partnerships and becoming an ecosystem enabler, moving beyond providing credit access.
By leveraging data science and understanding the mass market, Tala aims to offer more customer-centric financial solutions.
“Moving into the next decade, we will be moving to a second phase of the industry, thinking beyond access and into the ability of the industry and Tala to offer more customer-centric solutions,” Annstella Mumbi, General Manager of Tala Kenya said.
With a global vision of serving 52% of the world’s population (the “Global Majority”), Tala targets those excluded from traditional financial institutions.
This underserved population, often in emerging markets, operates in formal and informal economies but lacks access to essential financial tools.
The company emphasizes “radical trust” as a key driver in empowering the Global Majority to achieve financial well-being.
“The Global Majority have immense potential, and we’ve witnessed their power. Tala proves that the old barriers can be overcome with innovative solutions, creativity, and radical trust,” Jori Pearsall, Global Chief Business Officer at Tala, said this during the company’s 10th anniversary in Nairobi.
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